Date of record definitions
| Word backwards | etad fo drocer |
|---|---|
| Part of speech | The part of speech of the term "date of record" can vary depending on how it is used in a sentence. In general, "date" is a noun and "record" can be either a noun or a verb. Together, they form a noun phrase that typically functions as a noun in a sentence, such as in the phrase "The date of record is important for tracking transactions." |
| Syllabic division | date of record - date: 1 syllable (date) - of: 1 syllable (ov) - record: 2 syllables (re-cord) |
| Plural | The plural of the word "date of record" is "dates of record." |
| Total letters | 12 |
| Vogais (3) | a,e,o |
| Consonants (5) | d,t,f,r,c |
Date of Record
Definition
The date of record is an important financial term that determines the eligibility of an individual or entity to receive a dividend or distribution. It is also referred to as the record date and is crucial for shareholders as it signifies the moment when they must be on the company's books to be entitled to a dividend payment. To put it simply, if you own shares in a company on the date of record, you are eligible to receive the declared dividend payment.
Significance
Understanding the date of record is crucial for investors as it helps them determine whether they are eligible for a dividend payment or not. For ongoing investors, ensuring that they own shares on the date of record is essential to receive their portion of the profits. Companies typically announce the date of record along with the dividend declaration so that investors can plan accordingly. Failing to own shares on the date of record could result in missing out on the dividend payment.
Implications
The date of record has significant implications for both investors and companies. For investors, it is essential to mark the date of record in their calendars to ensure they are eligible for dividends. Missing the date of record could result in missed income and affect their overall investment strategy. For companies, the date of record helps them determine the list of shareholders who will receive the dividend, allowing for proper allocation of funds and financial planning.
Conclusion
In conclusion, the date of record plays a vital role in the world of investments and finance. It serves as a benchmark for investors to be eligible for dividends and helps companies manage their shareholder payouts efficiently. By understanding the date of record and its implications, investors can make informed decisions regarding their investments and ensure they receive their rightful share of dividends.
Date of record Examples
- The date of record for this financial statement is December 31, 2020.
- Please make sure that all changes are submitted before the date of record.
- The official date of record for attendance will be taken at 9:00 AM.
- To be eligible for the scholarship, your volunteer hours must be logged by the date of record.
- The date of record for membership renewals is the last day of the month.
- Please ensure that your contact information is up to date by the date of record.
- All votes must be cast by the date of record to be counted in the election.
- Only purchases made before the date of record will be eligible for the discount.
- The date of record for product returns is within 30 days of purchase.
- Please submit your final report by the date of record to be included in the presentation.